I made a quick video for this month’s market update. I wanted to talk candidly about what’s going on with our real estate market because it’s hard to wrap your head around. We had huge appreciation September 2020 vs September 2019, prices in Fort Collins are up almost 13%, prices across Northern Colorado up about 10%. Obviously, very surprising during a global pandemic. This is a complex issue and can’t just be boiled down to low-interest rates. Also, I want to be clear that we do not report these numbers joyfully. We’re acutely aware that these incredible rates of appreciation further exacerbate an already acute housing affordability issue. That being said, we feel it is all the more important than ever to explain what is driving the market so that you can act accordingly.
$650,000 – 30 Circle Drive, Fort Collins, CO 80524
Gorgeous post war architecture on one of Fort Collins’ most desired streets. Lovely open floorpan, chef’s kitchen with tons of counter space, double oven and gas cooktop. Large master suite up with private bath and massive walk in closet. 2 car garage with alley access. Ultra private yard. Low maintenance brick. Recent roof and furnace. The floor plan is already setup beautifully but since it hasn’t been recently renovated, a light remodel would bring it to a much higher price point.